Modec

Electric commercial truck maker Modec is to cease trading after administrator Zolfo Cooper failed in its attempts to locate a suitable buyer for the UK-based firm. Last month, Modec announced that it was suffering from "severe cashflow difficulties" and had no option but to enter ...

Concerned by news that UK-based electric commercial truck maker Modec fell into administration, Barry Shrier, chief executive officer of Liberty Electric Cars, has committed "significant resources" in an attempt to rescue the ailing automaker. Last Monday, Shrier said:

UK-based electric commercial truck producer Modec is suffering from "severe cashflow difficulties." Modec had been discussing a takeover with its U.S.-based partner Navistar, but talks ended in late February and no deal was made. Modec's financial troubles are apparently so severe that the ...

When the winners of the advanced battery and electric drive sweepstakes were announced President Obama had occasion to give something of a congratulatory speech that included as a backdrop for the address, a familiar-looking truck with ...

How do you make your stock price jump by two-thirds in today's economic atmosphere? If you are Axeon, Europe's largest independent supplier of lithium ion battery packs, you announce your new battery nearly doubles the range of your customer's trucks. After completing a Department of ...

FedEx Express will start using ten Modec all-electric trucks in its UK fleet. If your packages happen to be delivered by these zero-tailpipe-emission vehicles, you won't mistake the truck (above) for an older, dirtier van. Just look at that sloped windshield. This model, which FedEx will use the ...

Despite the tightening of economies world-wide, Modec, that UK manufacturer of all-electric trucks, seems to be plodding solidly ahead with new marketing efforts and more sales. We were just telling you about its continuing success with UPS and now it seems they have added another half dozen ...

Energy costs are play a huge part in the potential profitability of package delivery companies like UPS, DHL and FedEx. That's why all these companies are experimenting with alternative drive vehicles to conduct business. Here in the U.S., UPS has been testing hydraulic hybrid vehicles while over ...

Modec is continuing its quest for world domination having made the jump across the Irish sea. In both Northern Ireland and the Republic proper, the electric truck company has good news to report. First, in the Republic the company has announced its official distributor will be the Ohm Group. ...

When the UK's Green-Car-Guide got started in late 2006, the site's stated goal was to "end motorists' confusion about green cars." Well, considering everything that's happened in the last 18 months, I doubt everyone concerns have been fully addressed, but at least there's more information out there ...